Accord Mortgages has made some changes to its buy-to-let range from today, with rate cuts of up to 0.58%.
Products affected include a variety of initial fixed terms across all loan-to-values (LTVs) up to 75%.
The intermediary-only lender has also introduced a new range of five-year fixed rates with no early repayment charges (ERCs), with rates starting at 6.26% at 60% LTV, which comes with a £2495 fee and free standard valuation for house purchase and remortgage clients.
Simon Garner, buy-to-let mortgage manager at Accord, said: “We’re pleased to be able to offer rate reductions across our range, as well as re-introducing ERC-free products which provide landlords with greater flexibility.
“We hope the new range will be well received.”
Highlights of the new range include a five-year fixed rate of 5.45% (was 5.55%), up to 60% LTV, which comes with a £2495 fee, free standard valuation and £250 cashback.
As well as a two-year fixed rate of 5.64% (was 6.22) up to 65% LTV, available for both house purchase and remortgage, with a £1495 fee, free standard valuation and £150 cashback.
